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Industry
August 5, 2024
New Jersey Lambasts Bet365 for Altering Odds, Orders It to Pay Out $519K to Players
The New Jersey Division of Gaming Enforcement (DGE) has ordered gaming and betting operator bet365 to pay out over $500K to dozens of bettors after revising its odds. The authority was unhappy with the fact that the operator made those changes without securing regulatory approval even if the original odds were errant. Bet365 Altered Wagering […]
Sports
July 24, 2024
bet365 Receives Final PGCB Approval, Launches in Pennsylvania
Pennsylvania stepped into the legal online sports betting era five years ago. Ever since, the market welcomed and bid farewell to a number of operators. The freshest name to join the roster is bet365. The 2000-founded leading global betting brand with more than 7,000 employees and over 90 million global customers has officially launched in […]
Industry
June 19, 2024
bet365’s Swedish Subsidiaries Have Fines Cut by Administrative Court
Leading global betting brand founded in 2000, bet365, had two of its Sweden-based subsidiaries fined a total of SEK79 million ($7.7 million) in 2023. Following their appeal, the Administrative Court of Linköping decided to reduce the total fine to SEK44 million ($4.2 million) despite opposition from the Swedish Gambling Authority (SGA). SGA Punished Hillside (Gaming) […]
Sports
June 3, 2024
bet365 and BetMakers Ink 2-Year Fixed Odds Horse Racing Deal
Horse race betting supplier with an ambitious vision and a global footprint BetMakers has inked a two-year content and market deal with 2000-founded leading global betting brand bet365. Colorado and New Jersey, Part of the Deal According to the agreement, bet365 will offer fixed odds wagering on thoroughbred horseracing to New Jersey-located bettors while distributing […]
Industry
May 29, 2024
bet365 and SGA Have Appeals Over 2021 Penalty Fee Rejected
Leading global betting brand founded in 2000, bet365, and the Swedish Gaming Authority (SGA) have had their appeals on a dispute originating in 2021 rejected by a Court of Appeal in Jönköping. Backstory On March 28, 2020, the sports betting brand that currently employs 7,000+ people and counts more than 90 million customers worldwide provided […]
Industry
May 21, 2024
Bet365 Experiences a Rollercoaster Weekend
Bet365, one of the world’s leading online gambling companies, has declared that its customers “had the last laugh” after Manchester City clinched the Premier League title in a weekend packed with sports action. The final day of the 2023/24 Premier League season saw all favorites win, leading to the company giving out significant payouts. Soccer […]
Business
May 1, 2024
Nick Hughes Becomes Bet365’s New CPO of Gaming
Gambling giant bet365 has named the experienced Nick Hughes as its new chief product officer of gaming. Hughes confirmed his appointment on LinkedIn, sharing his excitement about the new position. The newly-promoted appointee is no stranger to bet365’s business and has served the company for almost a decade now. Hughes joined the gambling powerhouse in […]
Business
April 24, 2024
Evolution Posts Q1 Results, Signs Deal with Bet365
Evolution has published its quarterly report for the first three months of 2023, demonstrating a stable performance. The company’s metric increased across the board, underpinned by Evolution’s robust business strategy. In Q1, Evolution reported a 16.7% increase in operating revenues to EUR 501.5 million ($535.9 million). For context, the company reported operating revenues of EUR […]
Business
March 19, 2024
EGT Digital Injects Content from Local Studios into Bet365 Bulgaria
EGT Digital, a Bulgarian specialist in iGaming technology, has unveiled a major new partnership with bet365, one of the global leaders in gaming and sports betting. Under the deal, the former company will provide its new partner with content in the Bulgarian market. EGT Digital will leverage its cutting-edge game aggregation platform to supply popular […]
Legal
March 7, 2024
AUSTRAC Launches AML Probe into Bet365’s Hillside Brand
The Australian Transaction Reports and Analysis Centre (AUSTRAC) announced that it has commenced an enforcement investigation into bet365’s local brand Hillside. According to the watchdog, the gambling operator may have failed to comply with the country’s Anti-Money Laundering and Counter-Terrorism Financing Act 2006 (AML/CTF Act). The AUSTRAC noted that this investigation follows a supervisory campaign […]
